Permitted Capital Expenditure Amount definition

Permitted Capital Expenditure Amount has the meaning set forth in Section 6.02(a).

Permitted Capital Expenditure Amount shall have the meaning given to such term in Section 10.11.

Permitted Capital Expenditure Amount has the meaning specified in Section 7.16(b).

Examples of Permitted Capital Expenditure Amount in a sentence

• In addition, for any fiscal year, the amount of Capital Expenditures that would otherwise be permitted in such fiscal year pursuant to this Section 6.11 may be increased by an amount not to exceed 50% of the Permitted Capital Expenditure Amount for the immediately succeeding fiscal year (the “CapEx Pull-Forward Amount”).

• Notwithstanding the foregoing, the Permitted Capital Expenditure Amount for any fiscal year shall be reduced at the time of and in the amount of any Investment made pursuant to clause (B) of Section 10.5(i) during such fiscal year.

• In addition, to the extent any portion of the Permitted Capital Expenditure Amount for any fiscal year (as the same may have been increased pursuant to the preceding sentence) is not fully expended during such fiscal year, then 50% of the amount not so expended may be carried forward to and used in succeeding fiscal years.

• The Company was previously subject to three financial covenant tests: a maximum Consolidated Total Debt to Consolidated Earnings Before Interest, Taxes, Depreciation and Amortization (“EBITDA”) for covenant purposes ratio test, a minimum Consolidated EBITDA for covenant purposes to Consolidated Interest Expense ratio test and a maximum Permitted Capital Expenditure Amount test.

• The maximum Permitted Capital Expenditure Amount varies in each fiscal year with the opportunity to carry forward or carry back unused amounts based on conditions specified in the credit agreement.

More Definitions of Permitted Capital Expenditure Amount

Permitted Capital Expenditure Amount means with respect to any fiscal year, the sum of (i) the Base Amount for such fiscal year as specified below, (ii) 10% of Acquired Assets (the “Acquired Assets Amount”) and (iii) for each fiscal year after any Acquired Assets Amount is initially included in clause (ii) above, 5% of such Acquired Assets Amount, calculated on a cumulative basis. 2006 $ 40,000,000 2007 $ 40,000,000 2008 $ 44,000,000 2009 $ 48,400,000 2010 $ 37,500,000 2011 $ 37,500,000 2012 $ 40,000,400 2013 and thereafter $ 45,000,000

Permitted Capital Expenditure Amount means with respect to any fiscal year, the sum of (i) the Base Amount for such fiscal year as specified below, (ii) 10% of Acquired Assets (the “Acquired Assets Amount”) and (iii) for each fiscal year after any Acquired Assets Amount is initially included in clause (ii) above, 5% of such Acquired Assets Amount, calculated on a cumulative basis.

Permitted Capital Expenditure Amount means with respect to any fiscal year, the sum of (i) the Base Amount for such fiscal year as specified below, (ii) 10% of Acquired Assets (the “Acquired Assets Amount”) and (iii) for each fiscal year after any Acquired Assets Amount is initially included in clause (ii) above, 5% of such Acquired Assets Amount, calculated on a cumulative basis. Fiscal Year Ended Base Amount 2011 $ 45,000,000 2012 and thereafter $ 50,000,000 “Permitted Encumbrances” means:

Permitted Capital Expenditure Amount means (a) with respect to the three-fiscal-quarter period ending December 31, 2002, $30,000,000 and (b) with respect to any fiscal year thereafter, the sum of (i) the Base Amount for such fiscal year as specified below, (ii) 10% of Acquired Assets (the "Acquired Assets Amount") and (iii) for each fiscal year after any Acquired Assets Amount are initially included in clause (ii) above, 5% of such Acquired Assets Amount, calculated on a cumulative basis. Fiscal Year Ended Base Amount ----------------- ----------- 2003 $37,500,000 2004 and $40,000,000 thereafter ----------------------------------------

Permitted Capital Expenditure Amount means as of any date of determination thereof with respect to any Capital Expenditure, (a) if the average daily Cash Availability Amount for the most recent month (or, if earlier, any prior month) (the “triggering month”) is less than $135,000,000, then until such time as the average daily Cash Availability Amount for three consecutive months is greater than or equal to $135,000,000, $100,000,000 during the twelve-month period commencing on the first day of the month next succeeding such triggering month and, following the completion of such twelve-month period, during the trailing twelve-month period ending on the last day of each month thereafter and (b) at all other times, an unlimited amount.

Permitted Capital Expenditure Amount. $45,000,000; provided, that, following any Permitted Acquisition, such amount shall be increased by an amount equal to the amount permitted prior to such Permitted Acquisition (including all prior such increases) multiplied by the quotient of the total revenues of the acquired entity for the previous fiscal year divided by the total revenues of the Borrower and its Subsidiaries for the previous fiscal year.

Permitted Capital Expenditure Amount with respect to any fiscal year, the amount set forth opposite such fiscal year under the caption "Capital Expenditure Amount" on the Permitted Capital Expenditure Grid; provided that on and after the first Permitted Capital Expenditure Adjustment Date occurring after the Closing Date, the Permitted Capital Expenditure Amount with respect to the Borrower's 1999 fiscal year and each subsequent fiscal year shall be an amount equal to the product of (a) the Capital Expenditure Amount otherwise applicable for such fiscal year and (b) the relevant Permitted Capital Expenditure Percentage from the Permitted Capital Expenditure Grid.